iGamingWire
Sports BettingSBC News · 2h ago

DraftKings becomes Kenneth Dart’s latest target as Candle Lake takes 5.8% stake

By Patrick KilleenAugust 19, 2026

The brief

Kenneth Dart seems absolutely certain of an upturn in the fortunes of some of the world’s biggest gambling PLCs. This time, the Cayman Islands-based, US-born billionaire is placing his chips on DraftKings. DraftKings, the sixth-largest publicly-listed gambling firm by market cap, has seen its share price follow the tr…

Original report

SBC News

Summary is editorial. Full reporting, images and rights belong to the source.

Advertisement

Get the news by email

A digest of the day's top iGaming stories, straight to your inbox.